Telecommunications mogul backed off on talk about buying into the NBA’s Los Angeles Clippers, with the league starting the process of kicking out controversial owner Donald Sterling.
“Hanap pa tayo ng iba, andyan pa naman yung (Golden State) Warriors, baka makasingit,” Pangilinan.
Pangilinan attended a Warriors game last March, telling InterAksyon.com that he was “definitely” still interested in a minority stake in the team.
The Clippers are expected to be on the market after the NBA banned owner Donald Sterling for life after racist comments he made were made public this week.
Business and entertainment moguls have already expressed interest in buying the team, with analysts expecting the squad to fetch upwards of $1 billion.
Pangilinan, the chairman of the PLDT group, said there’s no harm in looking into the Clippers situation.
“We’ll try our best, pero napakamahal noon eh,” said Pangilinan.
source
Pangilinan attended a Warriors game last March, telling InterAksyon.com that he was “definitely” still interested in a minority stake in the team.
The Clippers are expected to be on the market after the NBA banned owner Donald Sterling for life after racist comments he made were made public this week.
Business and entertainment moguls have already expressed interest in buying the team, with analysts expecting the squad to fetch upwards of $1 billion.
Pangilinan, the chairman of the PLDT group, said there’s no harm in looking into the Clippers situation.
“We’ll try our best, pero napakamahal noon eh,” said Pangilinan.
source
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